Microsoft Surface sales sink, shares dip - Indian Stock Market Tips|Commodity Market Tips|Equity Trading Tips

Indian Stock Market Tips|Commodity Market Tips|Equity Trading Tips

The Share and Stock Market is one of the most important ways for companies to raise their money through shares, and the objective of this blog is to provide you daily intraday news regarding stock market. You have arrived at the right place and you'll find a lot of information here on intraday news updates— basic concepts, strategies for buying and selling, time of entry and exit and a lot more.


Friday, 28 April 2017

Microsoft Surface sales sink, shares dip

Microsoft Corp slightly missed Wall Street's average revenue estimate for the latest quarter on Thursday, as sales of its Surface tablets and laptops slumped in the face of revamped competition in the personal computer market. Shares of the world's largest software company fell 0.6 percent to $67.85 in trading after the bell.

Under Chief Executive Satya Nadella, who took the helm in 2014, Microsoft has sharpened its focus on the fast-growing cloud computing unit to counter a prolonged slowdown in the PC market, which has weighed on demand for its Windows software. That transition remained on track, with cloud margins improving and the company's annual commercial cloud revenue run rate - a bespoke metric closely watched by analysts - reaching $15.2 billion, a 50 percent year-on-year improvement. It marks good progress towards its goal of pushing the figure to $20 billion by 2020.

Now watch every updates regarding Share and Stock market just with a simple click here: -

No comments:

Post a Comment

Note: only a member of this blog may post a comment.